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Nataly_w [17]
3 years ago
5

Does the fact that your bank keeps only a fraction of your account balance in reserve worry you? Why don't people rush to the ba

nk and retrieve their money? What would happen if they did?

Business
1 answer:
m_a_m_a [10]3 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. Is an opinion what contains the image. Judge it like it is.

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Option (d) is correct.

Explanation:

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$6,000 received each year for 6 years on the last day of each year if your investments pay 7 percent compounded annually b$6,000
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The _____ is a legal document that lists and explains the terms of the partnership
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Last year a certain bond with a face value of $5,000 yielded 8 percent of its face value in interest. If that interest was appro
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Answer:

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Explanation:

given data

face value = $5,000

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to find out

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solution

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so we consider bond selling price is x

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